Wrigley's Fading Presence in Chicago ...

...
By that time, the company was being run by the 37-year-old great-grandson of William Wrigley, Jr, strangely enough, also named William Wrigley, Jr. Wrigley had lost big with $17 million investment in Flip Flipkowski's high-tech incubator company Divine, Inc, which burned through a billion dollars in cash by the time the dot.com bubble burst. Flipkowski has lined up $14 million in city subsidies for a corporate headquarters at the Northwest corner of Goose Island. He never collected, but the city then offered a $15 million tax subsidy for Wrigley to take over and develop the site.
...
In 2002, the same year the Goose Island facility was announced, Wrigley failed in a takeover of Hershey Foods, in what turned out to be its last chance to keep large enough to compete globally. In 2008, the Wrigley Company was acquired by international behemoth Mars. In January, 2010, William Wrigley, Jr., himself, was gone. For the first time in its century-long history, a Wrigley was no longer running the company In 2011, Mars dumped another 100 workers and announced its intentions to sell off the Michigan Avenue headquarters, shifting the last employees to the Goose Island facility, now the last remnant of a company that once helped define Chicago.
...